Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against dYdX−0.124%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.124% cheaper against dYdX than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.17550get 0.0000% / 1h49m 41s$21K$3K5x
ShortAevo ZRO-PERP1.17400.0104get 0.0013% / 1h49m 41s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.84
Price spread: −0.124% → 0.000%
−$12.44
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$16.6
Costs to cover
0.260%
Break-even
12.3 days
Slippage unknown: dYdX: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZRO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0184%1h1.1756+0.012%$7K$3K5xas long as short
dYdX ZRO-USDlong0.0000%1h1.1755long leg$21K$3K5x
Orderly PERP_ZRO_USDC+0.0010%4h1.1745−0.082%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1770+0.128%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1781+0.224%$37.3M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1771+0.139%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1756+0.015%$136K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1755+0.006%$22.0M$30.1M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1746−0.073%$18.0M$14.1M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1758+0.029%$3.2M$8.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1750−0.039%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1755+0.003%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1765+0.088%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1753−0.014%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1749−0.048%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1759+0.037%$100K$211K20xas long as short
Variational Omni ZRO+0.0100%4h1.1712−0.365%$2.3M$837Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1720−0.295%$39K$685K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1751−0.031%$92K$843K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1740−0.124%$21K3x
BloFin ZRO-USDT+0.0160%4h1.1741−0.116%$1.1M$252K75xas long as short
Nado ZRO-PERP+0.0205%1h1.1744−0.090%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1746−0.076%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0370%1h1.1754−0.003%$252K$407K25xas long as short
Extended ZRO-USD+0.0992%1h1.1751−0.031%$784K$593K10xas long as short
Injective ZRO/USDC PERP+0.1213%1h1.1760+0.046%$12K$260K12xas long as short